Friday, July 20

Facebook acquires Net start-up Parakay

Facebook, the fast growing Silicon Valley social-networking site, said on Thursday it has acquired Internet start-up, Parakey, run by two of the co-creators of Firefox.

Parakey, founded by Blake Ross and Joe Hewitt, is described in a statement as a company seeking to bridge the gap between the immediacy of information stored on local desktop computers and the collaborative power of data stored on Web sites.

Source: CNet

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